South Korea vs Philippines: Taxes on goods and services (% value added of industry and services)
Taxes on goods and services (% value added of industry and services) over time
- South Korea
- Philippines
How they compare
South Korea currently reports 4.9% against 4.6% in Philippines, a difference of 0.3%.
That makes South Korea's figure about 1.1 times Philippines's.
Across all 35 years both countries report, South Korea has been ahead every year.
South Korea ranks 129th and Philippines ranks 131st of 154 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Korea | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.2% | 5.2% | 1.0% | South Korea |
| 2000s | 6.5% | 4.0% | 2.5% | South Korea |
| 2010s | 6.0% | 4.2% | 1.8% | South Korea |
| 2020s | 5.4% | 4.6% | 0.8% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, South Korea or Philippines?
- South Korea, at 4.9% against 4.6% in Philippines as of 2024.
- What is the difference in taxes on goods and services between South Korea and Philippines?
- 0.3%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Philippines?
- 35 years are reported by both, from 1990 to 2024.
- How do South Korea and Philippines rank globally for taxes on goods and services?
- South Korea ranks 129th and Philippines ranks 131st of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% value added of industry and services). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.